PROTECHT
ActiveSummary
The computed 12-month bankruptcy probability of PROTECHT is 3.9% (moderate). The 2024 annual accounts show equity of €58k and a net result of €26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 82% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.02 against 2.53 in 2023; short-term debt: 23.4% and cash: 19.1% of total assets), and 23.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €58k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
26 d late
2022
101 d late
2021
172 d late
2020
44 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€58k▲ 83.5%
2023 · €32k
2020: €-4klowest in 5 years
2021: €-3k▲ +23.3% vs 2020
2022: €7k▲ +314% vs 2021
2023: €32k▲ +384% vs 2022
2024: €58k▲ +83.5% vs 2023highest in 5 years
2020 → 2024
Total assets
€76k▲ 62.1%
2023 · €47k
2020: €17klowest in 5 years
2021: €19k▲ +10.1% vs 2020
2022: €23k▲ +23.0% vs 2021
2023: €47k▲ +104% vs 2022
2024: €76k▲ +62.1% vs 2023highest in 5 years
2020 → 2024
Net result
€26k▲ 5.2%
2023 · €25k
2020: €-6klowest in 5 years
2021: €927▲ +114% vs 2020
2022: €10k▲ +932% vs 2021
2023: €25k▲ +162% vs 2022
2024: €26k▲ +5.2% vs 2023highest in 5 years
2020 → 2024
Working capital
€53k▲ 132%
2023 · €23k
2020: €-6klowest in 5 years
2021: €-4k▲ +28.8% vs 2020
2022: €12k▲ +401% vs 2021
2023: €23k▲ +92.5% vs 2022
2024: €53k▲ +132% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-4k-€-3k▲ 23.3%€7k€32k▲ 384%€58k▲ 83.5%
2020: €-4klowest in 5 years
2021: €-3k▲ +23.3% vs 2020
2022: €7k▲ +314% vs 2021
2023: €32k▲ +384% vs 2022
2024: €58k▲ +83.5% vs 2023highest in 5 years
Operating result€-5k-€2k€11k▲ 520%€33k▲ 194%€38k▲ 13.9%
2020: €-5klowest in 5 years
2021: €2k▲ +133% vs 2020
2022: €11k▲ +520% vs 2021
2023: €33k▲ +194% vs 2022
2024: €38k▲ +13.9% vs 2023highest in 5 years
Net result€-6k-€927€10k▲ 932%€25k▲ 162%€26k▲ 5.2%
2020: €-6klowest in 5 years
2021: €927▲ +114% vs 2020
2022: €10k▲ +932% vs 2021
2023: €25k▲ +162% vs 2022
2024: €26k▲ +5.2% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76k
Fixed assets
€5k ▼ 46.0%
Current assets
€71k ▲ 86.4%
Equity and liabilities €76k
Equity
€58k ▲ 83.5%
Debt
€18k ▲ 17.1%
Debt's share of the balance-sheet total falls from 32.3% to 23.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▲
2023 · €36k
Cash flow
€30k▲
2023 · €28k
Current ratio
4.02▲
2023 · 2.53
Debt to equity
0.30▼
2023 · 0.48
ROE
45.5%▼
2023 · 79.3%
ROA
34.9%▼
2023 · 53.7%
Interest coverage
11.90▼
2023 · 46.64
Debt ≤ 1 year
€18k▲
2023 · €15k
Income taxes
€8k▲
2023 · €7k
Staff costs
€193▼
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€47k€76k▲
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€8k€4k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€7k€3k▼
Financial fixed assets28€363€363=
Current assets29/58€38k€71k▲
Amounts receivable within one year40/41€37k€55k▲
Trade receivables40€8k-
Other amounts receivable41€29k€55k▲
Cash at bank and in hand54/58€438€14k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€47k€76k▲
Equity10/15€32k€58k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€29k€55k▲
Amounts payable17/49€15k€18k▲
Amounts payable within one year42/48€15k€18k▲
Trade debts44€5k€966▼
Suppliers440/4€5k€966▼
Taxes, remuneration and social security45€10k€17k▲
Taxes450/3€8k€14k▲
Remuneration and social security454/9€2k€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€6k€193▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€44k€46k▲
Operating profit (loss)9901€33k€38k▲
Financial charges65/66B€782€3k▲
Recurring financial charges65€782€3k▲
Profit (loss) for the period before taxes9903€32k€34k▲
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€25k€26k▲
Profit (loss) for the period to be appropriated9905€25k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€55k▲
Profit (loss) brought forward from the previous period14P€4k€29k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €11k | - | €6k | €193 | ▼ 96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €4k | €984 | €3k | €4k | ▲ 16.5% |
| Other operating charges640/8 | - | €747 | €3k | €2k | €4k | ▲ 117% |
| Gross operating margin9900 | €-195 | €18k | €15k | €44k | €46k | ▲ 3.3% |
| Operating profit (loss)9901 | €-5k | €2k | €11k | €33k | €38k | ▲ 13.9% |
| Financial income75/76B | - | €30 | €0 | - | - | - |
| Recurring financial income75 | - | €30 | €0 | - | - | - |
| Financial charges65/66B | - | €920 | €1k | €782 | €3k | ▲ 347% |
| Recurring financial charges65 | €979 | €920 | €1k | €782 | €3k | ▲ 347% |
| Profit (loss) for the period before taxes9903 | €-6k | €927 | €10k | €32k | €34k | ▲ 5.8% |
| Income taxes67/77 | - | - | €406 | €7k | €8k | ▲ 7.9% |
| Profit (loss) for the period9904 | €-6k | €927 | €10k | €25k | €26k | ▲ 5.2% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €927 | €10k | €25k | €26k | ▲ 5.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17k | €19k | €23k | €47k | €76k | ▲ 62.1% |
| Fixed assets21/28 | €15k | €12k | €4k | €9k | €5k | ▼ 46.0% |
| Tangible fixed assets22/27 | €15k | €12k | €4k | €8k | €4k | ▼ 48.0% |
| Plant, machinery and equipment23 | - | - | - | €2k | €1k | ▼ 36.5% |
| Furniture and vehicles24 | - | €12k | €4k | €7k | €3k | ▼ 50.9% |
| Financial fixed assets28 | - | - | - | €363 | €363 | = |
| Current assets29/58 | €2k | €6k | €19k | €38k | €71k | ▲ 86.4% |
| Amounts receivable within one year40/41 | €2k | €6k | €19k | €37k | €55k | ▲ 51.2% |
| Trade receivables40 | - | €289 | €5k | €8k | - | - |
| Other amounts receivable41 | - | €6k | €14k | €29k | €55k | ▲ 93.8% |
| Cash at bank and in hand54/58 | €6 | €2 | €19 | €438 | €14k | ▲ 3,198% |
| Deferred charges and accrued income490/1 | - | €324 | - | €1k | €1k | ▲ 13.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17k | €19k | €23k | €47k | €76k | ▲ 62.1% |
| Equity10/15 | €-4k | €-3k | €7k | €32k | €58k | ▲ 83.5% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-6k | €-6k | €4k | €29k | €55k | ▲ 90.7% |
| Amounts payable17/49 | €21k | €22k | €16k | €15k | €18k | ▲ 17.1% |
| Amounts payable after more than one year17 | €14k | €12k | €9k | - | - | - |
| Financial debts170/4 | - | €12k | €9k | - | - | - |
| Amounts payable within one year42/48 | €7k | €10k | €7k | €15k | €18k | ▲ 17.1% |
| Current portion of amounts payable after more than one year42 | - | €3k | €5k | - | - | - |
| Trade debts44 | €2k | €4k | €1k | €5k | €966 | ▼ 82.1% |
| Suppliers440/4 | - | €4k | €1k | €5k | €966 | ▼ 82.1% |
| Taxes, remuneration and social security45 | - | €3k | €1k | €10k | €17k | ▲ 72.5% |
| Taxes450/3 | - | - | €406 | €8k | €14k | ▲ 87.7% |
| Remuneration and social security454/9 | - | €3k | €796 | €2k | €2k | ▲ 15.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €927 | €10k | €25k | €26k | ▲ 5.2% |
| + Depreciation and write-downs630 | €5k | €4k | €984 | €3k | €4k | ▲ 16.5% |
| Operating cash flow (approximation) | €-2k | €5k | €11k | €28k | €30k | ▲ 6.6% |
| Investment in fixed assets (approximation) | - | €-1k | €8k | €-8k | €0 | ▲ 100% |
| Change in cash | - | €-4 | €16 | €420 | €14k | ▲ 3,241% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2020net €26k ▲5.2%
Operating result €38k, net result €26k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
19-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 172 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 2.66
Current ratio from 0.61 to 2.66; short-term debt falls from €10k to €7k.
2021
31-12
Financial
Back to profitnet €927
Net result €927 after one loss-making year.
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Evere · 1 establishment unit since 2019
Ground area
396 m²
Building footprint
181 m²
Volume, LiDAR
1,808 m³
2 parcels, Brussels, Flanders · tallest building 12.3 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PROTECHT
since 20192.294.970.015
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0561/00P004 | Flanders | 237 m² | 1 · 96 m² | 12.3 m · 4 fl. |
| 21372D0180/00M005 | Brussels | 159 m² | 1 · 84 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,674 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
Contact
E-mail
protechtelectricity@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.